Review

I construct a dataset to forecast the GDP growth rate in Azerbaijan. The forecasted GDP growth rate for 2021 in Azerbaijan is 4.24% when averaging across four different models. For 2022, these models predict a -0.31% GDP growth rate in Azerbaijan.

Better functioning financial markets support the economic growth trajectory. Moreover, credit market imperfections are a source of cross-country divergence. Countercyclical macroeconomic policy partially mitigates financial market imperfections.

Over the recent century, a long debate has emerged whether financial organizations, such as banks, have an impact on economic activity or economic growth.

What is the role of road infrastructures on local development?

Does cognitive skills explain economic growth across countries?

What is the problem that we wish to solve utilizing an inclusive economic growth process?